LAKE MARY, Fla., July 16, 2019 /PRNewswire/ -- FARO® (FARO), the world's most trusted source for 3D measurement and imaging solutions for 3D Design announces the availability of the Cobalt Design™ structured light scanner product family. Structured light scanning technology uses projected light patterns with a camera system to capture large areas at once and, as a result, significantly reduces data capture time and delivers quicker results. Cobalt Design™ (https://www.faro.com/cobalt-design/) , combined with the recently introduced RevEng™ software platform, delivers a one stop, comprehensive digital design solution where small to medium objects can be scanned with precision, in color with multiple levels of resolution. It is the first color structured light scanner from FARO specifically developed for design applications and is ideal for scanning complex surfaces, especially highly detailed organic shapes.

3-D printing unicorn Carbon, a frequently mentioned IPO candidate, on Tuesday announced a new funding round of over $260 million, hiking its overall total to $680 million and giving it a valuation of $2.4 billion.

The fourth quarter was a rough one for most investors, as fears of a rising interest rate environment in the U.S, a trade war with China, and a more or less stagnant Europe, weighed heavily on the minds of investors. Both the S&P 500 and Russell 2000 sank as a result, with the Russell 2000, […]

On a per-share basis, the Lake Mary, Florida-based company said it had profit of 1 cent. The computer-aided measurement and imaging devices and software company posted revenue of $93.6 million in the period. ...

Portland technology executive Michael Burger, who has a reputation for turning around companies, has been named president and CEO of Florida-based Faro Technologies Inc. (Nasdaq: FARO). In a written statement Faro Chairman John Donofrio said Burger’s background in strategic growth, research and development and building sales channels make him a good fit for the Faro role. “Michael is a seasoned executive with extensive experience successfully transforming industrial technology companies. His proven strategic, financial and operational capabilities, combined with his strong commitment to growth, will position FARO for long-term success,” he said.